Last Availability Date definition

Last Availability Date means, in respect of each Advance, 200 days after the Scheduled Delivery Date for the relevant Ship (as set out in Schedule 2 (Ship information)) relating to that Advance under the Building Contract for that Ship (or such later date as may be approved by the Lenders).

Last Availability Date means the date specified as such in the Loan Agreement.

Last Availability Date means in relation to the Revolving Credit Facility, the date falling three (3) months prior to the Final Reduction Date.

Examples of Last Availability Date in a sentence

• On the Last Availability Date, any remaining Available Amount shall be cancelled automatically.

• Any part of the Total Commitments which has not become available by the Last Availability Date shall be automatically cancelled at close of business in London on the Last Availability Date.

• Identification 1.1 Name of project 1.2 Name of client 1.3 Loan or Legal Documentation number 1.4 Date of Loan effectiveness 1.5 Last Availability Date (LAD)(a) original(b) revised (if applicable) 1.6 Contract number (identification) 1.7 Contract description 1.8 Cost estimate (as per the procurement plan no-objected by the Bank) 1.9 Method of procurement (tick one)Open Selective Tendering Local Competitive Tendering Shopping Other 1.10 Prior review requiredYes No Table 2.

• Any part of the Total Commitments which has not become available by, or which is undrawn on, the Last Availability Date applicable to it shall be automatically cancelled at close of business in London on the Last Availability Date applicable to it.

• The Borrower's right to draw down from the Available Amount shall become effective on the Effective Date and shall terminate on the Last Availability Date or such later date as the Bank may establish after receipt of a prior written request from the Borrower (which request shall, where there is a Guarantee Agreement, be countersigned by the Guarantor).

More Definitions of Last Availability Date

Last Availability Date means, in relation to each Advance, the earlier to occur of the Delivery Date for the relevant Ship and the Backstop Date for such Ship (or such later date as may be approved by the Lenders and K-Sure).

Last Availability Date means the date specified as such in Section 3.01(a) of the Loan Agreement.

Last Availability Date means the date specified as such in the Loan Agreement. "Lien" includes mortgages, pledges, charges, privileges and

Last Availability Date means, in respect of each Advance, 30 April 2014 (or such later date as may be approved by all the Lenders).

Last Availability Date means 16 February 2011 (or such later date as may be approved by the Lenders).

Last Availability Date means: (a) in respect of a Ship Commitment, 29 April 2022 (or such later date as may be approved by the Lenders); and (b) in respect of an Additional Ship Commitment, 30 June 2023 (or such later date as may be approved by the Lenders). Legal Opinion means any legal opinion delivered to the Agent under clause 4 (Conditions of Utilisation). Legal Reservations means:

Last Availability Date means, in relation to (a) Ship 1 and Ship 2 (as described in Schedule 2 (Ship information)), the date falling five (5) Business Days after the Closing Date and (b) in relation to each Ship other than Ship 1 and Ship 2 (as described in Schedule 2 (Ship information)), the earlier of (i) the relevant Delivery Date of such Ship, (ii) the date falling six (6) months after the Scheduled Delivery Date for such Ship (as set forth in Schedule 2 (Ship information)), and (iii) the date the relevant Shipbuilding Contract is cancelled (or in any case, such later date as may be approved in writing by all of the Lenders), except that, if such date would otherwise fall on a day which is not a Business Day, it will instead be on the immediately preceding Business Day.